12.12 Zhang Lihui: Is Ethereum breaking the pressure to become support? Where do the bulls set their targets? Where are the short entry opportunities today? #加密市场反弹 #BTC重返10万 #ETH🔥🔥🔥🔥

12.12 Zhang Lihui: Ethereum market analysis and trading suggestions:

Ethereum ultimately stands above the 4-hour MA60 line, so the next resistance is at MA30. However, the current upper Bollinger Band has already crossed above the MA60, so there is a possibility for the bulls to continue pushing upward. If it breaks through, we can continue to adjust the short entry point, which can be placed at the Fibonacci retracement resistance level of 3960 shown in the chart; therefore, today's upward target can be placed at the middle track, with the current point at 3702, which is currently in an upward shape and may continue to rise; MACD continues to expand above the 0 axis, the golden cross is still opening, and we continue to wait for the short-term bulls to finish before entering;

On the daily level, the Bollinger Band is still moving upward, and the current K-line is breaking the middle track aiming for the 4-day high point, which is very close, with a high probability of reaching near the 5-day high; however, the MACD fast and slow lines are still in a death cross, and there is a slight convergence currently, not excluding the presence of bears. It is not recommended to chase the bulls at the current position; continue to wait for high short positions to test the market, and only enter long when the support does not break. You can also pay attention to the position of Ethereum when Bitcoin approaches the 104000 level for layout!

On December 12, Beijing time at 6:03 AM, editor: It is recommended to short in the 3920-3960 range, with a stop loss of 30 points; target at 3810-3720; if it breaks below the 3710-3680 range, you can continue to hold;

For long positions, pay attention to entering if the 3680-3710 range does not break. Specific entry opportunities can be based on Lihui's real-time notifications!

There may be delays in article review and push notifications, as the market changes rapidly. Specific entry opportunities must be combined with real-time operations, and real-time notifications are the standard. The suggested points in the article are for reference only, and do not operate with heavy positions. Please ensure to set take profit and stop loss when entering, and take profit when it looks good!